James Corbett responds to Jerry Day’s Federal Reserve challenge. If “End the Fed” is to be anything more than a mantra, then we must have a plan in place for how to actually end the fed and what we do after it’s gone. Find out James’ response in this edition of The Corbett Report.

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Over $1 trillion worth of Italian bonds actually have negative yields.
It’s a bizarre and perverse situation.
Lending money to the bankrupt Italian government carries huge risks.
So the yields on Italian government bonds should be near record highs, not record lows.
Negative yields could not exist in a free market.
They’re only possible in the current “Alice in Wonderland” economy created by central bankers.

You see, the European Central Bank (ECB) has been printing money to buy Italian government bonds hand over fist. Since 2008, the ECB and Italian banks have bought over 88% of Italian government debt, according to a recent study.

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Chief Investment Officer of Saxo Bank: 60% Probability Of Recession In The Next 18 Months

Steen Jakobsen shares with us the warning signs of slowing economic growth he’s seeing in major markets all over the world.
In his view, the world economy is sputtering badly. So badly, that he’s confident predicting a global recession by 2018 – or sooner:

The ‘credit impulse’ — defined as net new credit to GDP — has gone negative in the world for the first time since the start of the Great Recession that we had in 2008 -2009. And the lead is coming again, as always in the last 10 to 15 years, from China. Basically, China’s net credit impulse has gone from double-digit positive to almost double-digit negatives. And I can tell you, having just been on the ground in China for a couple of times in the last three months, everything’s at a standstill. This is very important as China is responsible for 50% of all new growth, as well as a huge chunk of every new credit dollar that has been created in recent years.
The credit impulse leads by 9 months. In other words, the pickup we saw in economic activity in December and January was created 9 months prior, and if you look back to Q1 of 2016, we had the worst start to the year in the equity market for very long time. Consequently, the central banks panicked, especially the ECB, the Bank of Japan, and to some extent, the Federal Reserve. This resulted in a huge credit impulse that peaked in April/May of last year. Fast-forward 9 months, and we saw a peak in economic activity and inflation. Ever since, we’ve seen a dramatic deterioration — and this is all based on this 9-month lead which is coming out of China, now been confirmed to be negative, as well the US.

I know it’s a long answer, but I think it’s important information. Basically, I’m thinking right now, unfortunately, that there is a 60% probability for a recession inside the next 18 months. And probably the most likely period for that to happen would be end of this year because, of course, Trump has not delivered.

“The issuing power of money should be taken away from the banks and restored to the people to whom it properly belongs.”

How do we do that? Hold a Referendum by, for and of the people; with 1110 000 names Switzerland went half-way and un-pegged from the US ponzi bankruptcy-for-profit petro dollar scheme;

With 200 000 names we can call for a Truth and Reconciliation Commission into the banking Ponzi; full access to information as behoves administrative justice;

With the power of creating money, the people then develop all alternative working models of BETS: banking, barter, exchange, trade, savings-and-credit-co-ops; exchanges to trade a basket of interacting interest-free, value-backed, resource-based models; the more the merrier; Milton Friedman stated that the creation of positive economy is a creative and intuitive process – no formal training required:
“Progress in positive economics will require not only the testing and elaboration of existing hypotheses but also the construction of new hypotheses. On this problem there is little to say on a formal, level. The construction of hypotheses is a creative act of inspiration, intuition, invention; its essence is the vision of something new in familiar material. The process must be discussed in psychological, not logical, categories; studied in autobiographies and, biographies, not treatises on scientific method; and promoted by maxim and example, not syllogism or theorem.”

If, we re-visit the Chicago Plan, Glass-Steagal and so forth, the power of banking will remain in the wrong hands;

AND, MOST IMPORTANTLY! True justice is seeking reconciliation and not retribution; the victims must be identified and the harm or loss, cease; no jailing or hanging the banksters; love is the only law to obey;

The reason why the world is in a mess is because we are all ejust as guilty of trying to live at the expense of everyone else; the banksters just did it better;

There is not even one walking this earth who is in any moral or ethical position to judge anyone else; not even one; we have all failed this test for Life;

Yes, Simple – so let’s get started with a public referendum signing project.
Implement alternatives and complementary currencies during the referendum signing.

I wish to see a worldwide grassroots effort to end central banking authority – thus each community wherever in the world can have a sister referendum happening simultaneously. Everyone who is awake to the banking cartel can get involved.
For about 10 years I have been wishing for this, I am over-joyed with making this happen!

PS:
Look into the so-called “Glass-Steagal” Act and discover it is a “red herring” diverting the blame for the financial crisis away from the true culprits. I have dropped the exercise of parroting the myth about the “Glass-Steagal” Act. A lot of political energy will continue to be wasted on the banking deception by continuing down that road.

Exercise freedom and creativity for all Earth’s inhabitants to explore ready breakthroughs in Self Organizing Communities, economics, and technology.
This is a D.I.Y. project

State Sponsored Terror

The Big Day ReportMarch 30th, 2018

Institutions of crime Big days have come, gone, and come again (Manipulations: Market Exchanges crash, wars, government Elections, and Taxation).
Search for what is hidden and for what is not spoken.
What secrets are hidden in Antarctica?
Be Aware of the next big Day for fraudulent institutions.

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